Crypto Mixer News

Privacy protocol Railgun denies claims of North Korean hackers or sanctioned individuals using the platform, despite earlier claims from the FBI. 

American crowdfunding platform GoFundMe has terminated a fundraising campaign aimed at raising legal defense funds for Roman Storm and Alexey Pertsev, co-founder and developer, respectively, of the cryptocurrency mixer Tornado Cash.  The fundraiser was initiated following a Jan. 22 video…

In an op-ed on Bloomberg Law, Steven Merriman and Jim Vivenzio of Perkins Coie raised concerns over FinCEN’s latest move to crack down on crypto mixers. The Financial Crimes Enforcement Network (FinCEN) is pushing for financial institutions to impose new…

The South Korean authorities plan to strengthen control over cryptocurrency mixers following the United States. On Jan. 15, local media in South Korea reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission was considering introducing virtual asset…

Notorious crypto mixing service Tornado Cash laundered more than half a billion worth of crypto in 2023. Although the U.S. imposed sanctions against Tornado Cash in late 2022, the mixing service is still helping criminals launder hundreds of millions worth…

Sinbad was used by North Korean cyber criminals to launder hundreds of millions stolen from some of crypto’s biggest hacks like Ronin Bridge and Atomic Wallet, said the Treasury.

A $144 million Bitcoin transaction has been uncovered linked to the defunct Abraxas darknet market, which shut down in 2015.

The U.S. Treasury Department is currently pushing for new rules that enhance monitoring and reporting capabilities on virtual currency mixers leveraged by illicit actors and terrorist groups.

Former Tornado Cash developer, Ameen Soleimani, has now developed a new mixing service called Privacy Pools to address a critical flaw of the sanctioned crypto mixer. In cryptocurrency, privacy is a top concern for many users. One solution to this…

An anonymous Tornado Cash user has sent fractions of ether (ETH) to the wallets controlled by some popular persons and entities in the crypto industry, including Jimmy Fallon, Randi Zuckerberg, Puma, and others,  according to reports on August 9, 2022.…

According to one of the founders of Tornado Cash, one of the most popular services for concealing crypto transactions, the crypto mixer has no obligation to comply with sanctions. The West is also trying to close all the crypto loopholes…